Xiaomi’s wearable device partner Huami raises 0M in NYSE IPO.
China’s top wearable firm Huami has raised 0 million after it listed on the New York Stock Exchange on Thursday.
Fresh from launching iits Apple Watch-like Amazfit Blip this week, Huami sold 10 million shares at a pop, the mid-point of its price range. The company joined the NYSE under the ‘HMI’ ticker symbol. It potentially raised up to .5 million more if underwriters working on the listing took the full share option allocated to them.
HMI closed its first day of trading slight up at .25 per share.
Xiaomi’s wearable device partner Huami raises 0M in NYSE IPO